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Is the way we pay for things changing?

Name: Is the way we pay for things changing?
Uploaded: 2014-09-14T18:19:00-0400
Duration: 1 min 30 s
Description: A new study by Bankrate says 63 percent of those between the ages of 18 and 29 don’t have a credit card. But debit cards are the payment tool of choice. CBS News business analyst Jill Schlesinger explains what’s behind this trend.

A new study by Bankrate says 63 percent of those between the ages of 18 and 29 don’t have a credit card. But debit cards are the payment tool of choice. CBS News business analyst Jill Schlesinger explains what’s behind this trend.